Product Description
Books in Barron's pocket-sized Business Dictionaries series list thousands of specialized terms alphabetically and present concise definitions. The authors of books in this series are recognized authorities in their fields. Newly updated editions reflect new technologies, their business applications, and recent business trends. This book defines more than 4,200 insurance terms that should be understood by agents, brokers, actuaries, underwriters, personn... More >>
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For general knowledge of insurance terms I guess this is an adequate dictionary and nevertheless needed for understanding insurance terms. I find however that being IN the insurance business as a newcomer and needing to have all my insurance words defined, this dictionary lacks many terms used, at least on the Life insurance side of it, so leaves me grasping for other sources and references to find these words which should be defined in this dictionary in the first place.
This is an American based book but covers every imaginable insurance term, in every sector of the finance/insurance industry. It not only provides definitions of terms but broadley defines the cover provided under different types of insurance. This is a must for any professional in the financial services/insurance industry as a great reference.
I have been in the insurance industry 15 years and just decided to buy this as an addition for my work desk. I rarely open the book, however, anytime I go to look up a coverage definition it is not listed. This book is of NO use to me. Not really sure who would use this………….a person who hands out maps at the Auto Club who may need to look up a word or two?
I find this a pretty complete reference book for someone new to the insurance side such as a young or new risk manager. The definitions are fairly indepth but still short and to the point. To critique the book severly, as some other reviewers have, I suggest reccommending another reference source, within your review, that is considered better. I would be most anxious to take a look at it since it would allow a fair comparison.
The insurance industry has its own language. I have yet to come across a term that is not in this dictionary!
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